Jupiter Fund Management breaks £30bn mark

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Jupiter Fund Management’s assets has passed the £30 billion mark during the fourth quarter as investors pilled millions into its funds.

The company beat City expectations by attracting net inflows of £510 million in the last three months of the year, helped by a strong performance across its fixed income and equity products.

The news comes just weeks before a change of leadership at the group, which will see Edward Bonham Carter hand over control of the company to Maarten Slendebroek in March.

Bonham Carter said: “We continue to believe in the long-term growth prospects for the savings market. We are confident we can continue to deliver profitable growth at attractive margins.”